Stocks Fall As Investors Anticipate Rocky Reopening, Possible Coronavirus Second Wave

  • 📰 Forbes
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Over the weekend, China reported its first new coronavirus case in Wuhan.

Stocks opened lower on Monday morning as investors braced for the possibility of a second wave of coronavirus cases even as economies around the world take their first cautious steps toward reopening.... [+]The Dow Jones Industrial Average fell 1.0%, 250 points, on Monday; the S&P 500 was also down 1.0% and the Nasdaq fell 0.7%.

Officials in South Korea issued a warning over the weekend that the country should brace for a second wave of the virus after it saw the biggest one-day increase in new infections after a month of improvement. Over the weekend, U.K. Prime Minister Boris Johnson a plan to ease lockdown restrictions for some professions without ending the lockdown completely, raising questions about worker safety and what many see as contradictions within his messaging. about the risk of new infections and the possibility of second and third waves of the virus.

On Friday, Moody’s Analytics chief economist Mark Zandi said that another spike in infections could have disastrous implications for the economy: “If we get a second wave, it will be a depression,” he

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

...and Forbes continues to become less relevant. Wrong again!

Only Israel can save and enslave Americans!!!

And just this morning I heard that money managers are betting on Trump’s reelection despite mass death and another depression caused by his incompetence. Hmmmm.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors are flooding into this 'Capital Strength' fund loaded with cash-rich tech stocksNew for subscribers: Investors are flooding into this 'Capital Strength' fund loaded with cash-rich tech stocks Check out CNBCPro for a free trial. Pro
Source: CNBC - 🏆 12. / 72 Read more »

Warren Buffett's exit from airline stocks is a wake-up call for index investors, Jim Cramer saysWarren Buffett decide to dump airline stocks — here's why MadMoneyOnCNBC's JimCramer says this should be a wake-up call for index investors. MadMoneyOnCNBC jimcramer MadMoneyOnCNBC jimcramer 怕亏本 MadMoneyOnCNBC jimcramer 버핏 머리카락 숯이 없네...난 이게 마음 아프다...
Source: CNBC - 🏆 12. / 72 Read more »